XAI Madison Fund to Host Quarterly Webinar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2026
0mins
Source: Newsfilter
- Quarterly Webinar Announcement: The XAI Madison Equity Premium Income Fund is set to host its quarterly webinar on May 5, 2026, at 12:00 PM ET, moderated by XAI President Kimberly Flynn, aimed at providing investors with updates on fund dynamics and investment strategies.
- Clear Investment Objectives: The fund's primary objective is to deliver a high level of current income and gains while pursuing capital appreciation, with a portfolio primarily consisting of high-quality large and mid-cap stocks to ensure long-term earnings growth at reasonable prices.
- Covered Call Strategy: The fund will consistently sell covered call options on its portfolio stocks to seek current earnings from option premiums, a strategy that enhances income flow but does not guarantee the achievement of investment objectives.
- Management Team Background: Madison Investments, founded in 1974, manages approximately $28 billion in assets and has over 20 years of experience in managing covered call strategies, demonstrating robust performance across various market cycles, which further boosts investor confidence in the fund.
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About MCN
Madison Covered Call & Equity Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The Fund pursue its investment objectives by investing primarily in large and mid-capitalization common stocks. Under normal market conditions, the Fund seeks to generate current earnings from option premiums by writing (selling) covered call options on a substantial portion of its portfolio securities. The Fund invests at least 80% of its total assets in common stocks, with at least 65% of its total assets in common stocks of large capitalization issuers. The Fund may invest the remainder of its total assets in companies that meet the Fund's growth and value criteria but whose market capitalization is considered as middle-sized or mid-cap. The Fund's investment advisor is Madison Asset Management, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Source of Distribution Clarification: The distribution amount remains unchanged from the previous month, indicating that while the fund's net investment income and capital gains may fluctuate, it aims to provide consistent quarterly distributions to bolster investor confidence.
- Tax Implications Notice: The distributions may derive from net investment income, capital gains, or return of capital, and investors should be aware of the tax implications, with specific tax characteristics reported on Form 1099 at the end of 2026.
- Future Distribution Uncertainty: Future distributions will be determined by the fund's Board of Trustees based on factors such as net investment income, financial performance, and available cash, necessitating investor caution regarding the amount and timing of future distributions.
See More
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- Clear Investment Objectives: The fund's primary objective is to deliver a high level of current income and gains while pursuing capital appreciation, with a portfolio primarily consisting of high-quality large and mid-cap stocks to ensure long-term earnings growth at reasonable prices.
- Covered Call Strategy: The fund will consistently sell covered call options on its portfolio stocks to seek current earnings from option premiums, a strategy that enhances income flow but does not guarantee the achievement of investment objectives.
- Management Team Background: Madison Investments, founded in 1974, manages approximately $28 billion in assets and has over 20 years of experience in managing covered call strategies, demonstrating robust performance across various market cycles, which further boosts investor confidence in the fund.
See More
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